Dis naira get target ooooo......it won't b satisfied until it reach 500

But exchange rate is still $1=N199 some banks will even do #195, especially Skye bank

oluwafemim:

Yes We wanted change...Change we ve got.At least some of the stolen Money are coming in.

coming in to be "Re-stolen" by ur son Tinubu abi ?

Lemon12:
coming in to be "Re-stolen" by ur son Tinubu abi ?

Is not my Son,He is older ogbeni

Buharconomics..

this one that dollar is falling almost all the time, is it not possible we prevent it from falling??












I suggest we get the tallest stick on earth to hold the idiot.....



pls somebody should welcome me, ayam new here

Warlord3000:
Haa

It's expected sha...

The storm before the still waters...

E go beta

YOU DEY TAKE STYLE DEY CONSOLE YOURSELF! YOU DON'T WANT TO ACCEPT THAT YOU MADE BLUNDER BY VOTING APC!

Mtcheew i tot its now N300,stupid heeddiiaaattt saying he will mk $1=N1...i call him baskard..well sha its part of change...end time N270

Ahmeduana:

YOU DEY TAKE STYLE DEY CONSOLE YOURSELF! YOU DON'T WANT TO ACCEPT THAT YOU MADE BLUNDER BY VOTING APC!

No sir.. I am not having any regret as u would want to believe cos even dollar at N167 during GEJ Era had no significant effect or returns to me...


Nigeria will be better...

Our views might differ.. Best of luck on yours

oluwafemim:
Yes We wanted change...Change we ve got.At least some of the stolen Money are coming in.

Another liar spotted.
The CBN governor said he not received any recoveries.

IsraeliAIRFORCE:
Government of the propagandists by the liers and for their sycophants/gullible.


No Looted Money Returned - CBN

On efforts by the central bank to assist the Buhari administration in its fight to stem corruption, the CBN governor said the bank will be happy to play a role once the opportunity presented itself and will be happy to receive recovered funds as they would improve the country’s reserves, but no money has been recovered to date.


http://www.thisdaylive.com/articles/emefiele-cbn-s-forex-demand-management-is-starting-to-work/216805/

The Finance minister also said she has seen NOTHING.

Okimski:
Despite claims that his administration has recovered stolen money from previous government officials, President Muhammadu Buhari, it was disclosed, is yet to give details of the recovery to the Federal Ministry of Finance.

Addressing journalists in Abuja at the end of the monthly Federation Account Allocation Committee (FAAC) meeting in Abuja on Friday, the Minister of Finance, Mrs Kemi Adeosun, when asked how much had been recovered from those who looted the treasury, said President Buhari was yet to provide the ministry with details of how much had been recovered but the recovery process was ongoing.

The minister did not say if the recovery had been lodged into the federation account to be shared by the three tiers of government or was still domiciled in a separate government account pending further directive from the president.

The recovered money became an issue at the October 2015 FAAC briefing when the finance minister stated that funds available for disbursement at the end of the meeting was more than the amount shared in the previous month.

She also said that the ministry was doing everything within its powers to increase revenue for the federation.

At the end of the FAAC meeting, the Federal, State and Local governments shared a total sum of N473.83 billion for the October 2015 Federation Account Allocation Committee (FAAC) meeting.

This set of allocations to the three tiers of government marked a pleasant departure from the previous months of falling allocations.

The October 2015, FAAC disbursements, the finance minister said, represents an increase of N83.89 billion compared to the N389.93 billion distributed in September.

Adeosun, who presided over her first FAAC meeting as Minister of Finance, gave the breakdown of disbursements to journalists shortly after the month’s FAAC meeting which began at 5pm and lasted up till 8:09 p.m.

The minister said the amount shared comprised of revenue from statutory sources made up of N388.59 billion and Value Added Tax, N57.78 billion. Of this amount, the statutory allocation to the three tiers of government, she said, was the Federal Government N191.99 billion, States governments N97.38 billion and local governments N75.07 billion.

Adeosun also said the sum of N24.14 billion was allocated to the oil producing states based on the 13 per cent derivation principle. While under the Value Added Tax (VAT), allocations, the Federal Government received N8.66 billion, states governments pocketed N28.89 billion and local governments were given N20.22 billion to share.

She put the gross statutory revenue for the month of October at N400.31bn stating that this was higher than the N321.99bn received in the month of September.

http://thenationonlineng.net/buhari-yet-to-give-finance-ministry-details-of-recovered-loot-adeosun/

Abeg na where YOU don see "stolen money coming in"?
Where oh, misitah



www.nairaland.com/attachments/2860929_image_jpeg9f360c5ab7736510df54c882e9dbf188

Are you guys also aware of the impact on a rate hike by the fed on the USD?

Dollar has strengthened across board because it's now being seen as a safe haven by institutional investors hence the downward pressure on commodities

However, CBN do need to urgently address the continous aggressive divergence between the official and parallel rate

Adesiji77:
http://www.thisdaylive.com/articles/us-fed-rate-hike-worsens-naira-situation-falls-to-n270-/228226/ lalasticlala, dominique, Seun

Just watch out. Jonathan will blamed for this.

@the blaming blamers

destino24:
[size=25pt]O My God!! Buhari, abeg I know say I don call you dulla.rd, but abeg, you don't have to prove me right[/size]

[size=35pt]ROTFL[/size]

[size=15pt]In B00hari's voice.......i will make 1ngn equal 1usd...

Joker....you think say cow shit ?[/size]

lanrei:
But exchange rate is still $1=N199 some banks will even do #195, especially Skye bank

LoL. Bro, you well so?

Everything GEJ built in 6 years is being destroyed in 7 months.
No petrol.
No kerosine.
No Dollar.
No light.
No more media freedom.
e.t.c

ShowYourCertificate:
When I ask for Buhari's Certificate you APC guys will be crying. I really want to know what he got in Economics. Buhari is a certified dullard.

You're a just a certified f00l..did the naira ever appreciate over the dollar during your hero Fortunato's doomed 5 year rule in this country despite crude oil selling for over 120 dollars per barrel as against the $40/barrel we have now.. We keep hearing of how they were sharing the Commonwealth through Dasuki..if you didn't get up to 100 million for all your troubles of defending the bastards online,then you're just another use and dump lapdog..Report to the mods so I can get banned as that's the worse you can do I.diot..

JonSnow:


LoL. Bro, you well so?

leave am .....he should use his master card to buy anything that is worth 300usd ... he go smell am.

JonSnow:


LoL. Bro, you well so?

I well well well.. You want me to show you evidence abi

I don't know what you people want the present administration to do.
Crude oil is the main foreign income products. Crude oil is now selling for three quarters less than what was the price last year.
Definitely, this is not a rosy time. Anyway, this administration is working on something to take care of the situation.

musicwriter:
Everything GEJ built in 6 years is being destroyed in 7 months.

No petrol.

No kerosine.

No Dollar.

No light.

No more media freedom.

e.t.c

www.nairaland.com/attachments/3137918_femidaviesmetronews1225676416655968803743271510579220n_jpeg60027c173394b1e18a271ba8abb0a2b0



[img]http://www.tradingeconomics.com/charts/og.png?url=/nigeria/gdp-growth-annual[/img]

voltron:
I can't wait to see how many nairalanders will have time to post next year.. we do not have a middle-class and the working class is about to be buried with the lower-class..

Bro, please check your mail

Its really a pity having buhari as the president of this Republic this sensitive period cos he is absolutely insensitive and cluless runing dis administration

Quote me at ur peril, hes only here to improve his standard of living. This has been confirmed in his junketing life styles.











Nigeria is this d change u seek?

hexy40:
It's jonathan's fault! It's the fault of the past administration. Although I can't yet figure out how jona caused it but am sure A.P.C supporters will manage to link it to him some how

will u shut up my friend

Coming in to your account or to Shara's account?

oluwafemim:

Yes We wanted change...Change we ve got.At least some of the stolen Money are coming in.

Nigerians know nothing about economics. The crash of the naira has nothing to do with GEJ or Buhari. The United States Federal reserve is responsible for this fall out. The price of oil is beyond our control as well. We don't really control our economy

AlanTuring:

You're a just a certified f00l..did the naira ever appreciate over the dollar during your hero Fortunato's doomed 5 year rule in this country despite crude oil selling for over 120 dollars per barrel as against the $40/barrel we have now.. We keep hearing of how they were sharing the Commonwealth through Dasuki..if you didn't get up to 100 million for all your troubles of defending the bastards online,then you're just another use and dump lapdog..Report to the mods so I can get banned as that's the worse you can do I.diot..

None of the the things you wrote up there will change the fact that Buhari is a senile dullard from daura

ikechukwu354:


will u shut up my friend

Lols E pain am

MadCow1:
Thanks to Jonathan and Dasuki



When Oil Prices were at 120 USD per barrel, Jonathan & Pay-Pay in collaboration with Dasuki, Jim Nwobodo, Bafarawa, Odili and cohorts were busy sharing our money like 'WHOT'.

Now wey Oil Price na 32 USD per Barrel, wetin una expect.




I believe that BUHARI is a right man for Nigeria now, but it seems like we waited 6 years too late to elect him.


Just imagine if Jonathan had won the last election, Dasuki and co would be chilling somewhere enjoying their loot and even planning on looting more and we Nigerians would have been ignorant and oblivious to it.



#GodPunishPDP..

You dey mind all these Ekpa people dem?!

Their chicken brain no gree reason say Jonathan and his PDP goons don F up the economy already. Na God save us, dollar for don reach #500 if not for Sai Baba..

Ope o!

Buhari pls let Emefele go now.. we know common economics. . Scarcity leads to hike.. jst as fuel scarce the price increase. .. release dollar liie dasuki make we see if e no go fall..

270Naira to 1Dollar.

Y'all better start calling your fathers and uncles in the village to secure farmland

Una neva chi chum chin

ayodele234:
Nigerians know nothing about economics. The crash of the naira has nothing to do with GEJ or Buhari. The United States Federal reserve is responsible for this fall out. The price of oil is beyond our control as well. We don't really control our economy

But APC said they are going to revamp our economy. They said a litre of fuel will be sold for N40 and the price of the naira against the dollar will improve. So are you implying the APC don't know anything about economics before making such promises?